CSLM10261 – FAQs: employers questions and answers: do I need new forms to handle student loans?

Suggested answer

No.

HMRC has introduced only three new forms for the Student Loans scheme. None of these have to be completed by the employer, although all three are important to the employer. They are

• Start Notice, (form SL1) - This is sent to the employer with instructions as to when to start making deductions for a particular employee
• Stop Notice. (form SL2) - This form tells the employer when to stop making Student Loan deductions
• Student Loan Deduction Tables (form SL3) - they are available upon request from the Employer's Orderline. They give tables in respect of weekly and monthly paid staff and instructions for making deductions for all other staff. This information is also on the Employer CD-ROM

Changes have been made to existing forms, such as P11, P14, P35, and P60 to allow you to record the amounts of Student Loan repayments deducted by you.

HMRC action

None